I Bailed

[murray t turtle]

The market has its own secret special way of knowing when everyone or enough have crowded onto one side of the boat, then like a giant whales tail, flips the boat upside down the other way.
"Price is always right" Yeah 'right' to get fleeced. hehehe

%% LOL;
NOT always right\bad data happens. Bought some old USA silver coins+ XLE..........SPYG+ many called them junk silver ...............................................................................
Dealer calls them ''ads''/LOL
Most all ETFs stocks uptrend in the long run metals, tec+ oil ETFs=more of a roller caster

 

[themickey]

%% LOL;
NOT always right\bad data happens. Bought some old USA silver coins+ XLE..........SPYG+ many called them junk silver ...............................................................................
Dealer calls them ''ads''/LOL
Most all ETFs stocks uptrend in the long run metals, tec+ oil ETFs=more of a roller caster

Yes, it pays to be mindful that a time and price to sell for some is also a time and price to buy.
With gold I find the most effective strategy is trading around major round numbers.
Gold at 1698 atm, will it bounce here???
Right now with U.S. finished for the day, Gold on my data indicating signs of life while Silver looks like its drowning.
All the metals look deep red.
Oil, gas, utilities look reasonable, banks not too sad. Shorts are nicely green, I'm sure the bears will begin to announce how they were right. LOL

 

[Nine_Ender]

Yes, it pays to be mindful that a time and price to sell for some is also a time and price to buy.
With gold I find the most effective strategy is trading around major round numbers.
Gold at 1698 atm, will it bounce here???
Right now with U.S. finished for the day, Gold on my data indicating signs of life while Silver looks like its drowning.
All the metals look deep red.
Oil, gas, utilities look reasonable, banks not too sad. Shorts are nicely green, I'm sure the bears will begin to announce how they were right. LOL

Oil at $64.20 is more then reasonable. Some of the stocks I trade have more then tripled since mid-October.

 

[Pricechange]

I.I page 190.
View attachment 253694

lol..Abby Joseph Cohen. Now Cathie Woods..you cant make this stuff up, it just writes itself. History repeats in amazing ways. Abby, of course, was vice president at the now fully bankrupt Drexel Burnham Lambert.

Prudential errored in the extreme regarding the dot com bubble analysis, then merged with Wachovia...lol

Donaldson, Lufkin and Jenrette was owned by The Equitable, which fully collapsed at the top of the bubble in 2000, under embarrassing scandals including completely unhedged guaranteed fixed income returns where most of the insurance holders lost half their life savings and massive bonus payouts to executives and traders (this all happened in the great bull market prior to the dot com bubble bursting)

Seems the names all change to protect the guilty but the idiots remain..maybe just less of them. These were all supposed "Super Traders" at the time

 

[Nobert]

Seems the names all change to protect the guilty but the idiots remain..maybe just less of them.

Some watch from aside & evolve into things like Elizabeth Holmes.

 

[Pricechange]

Some watch from aside & evolve into things like Elizabeth Holmes.

Indeed. Never seems to be a bottom to the long histories of these stories. Elizabeth Holmes father Chris was a super trader at Enron and helped that company completely collapse. Elizabeth herself worked in Chinese research labs studying the first SARS virus and after seeing the panic money poured into this area, she got her first ideas regarding blood testing schemes and IPO dreams. She bought her first black turtle neck at a street market in Hong Kong before returning to Stanford and a legend was born

 

[themickey]

.....Also kept some bibs and bobs misc penny stocks....

So in my wisdom decided to buy a gold explorer penny stock at $0.003 (1/3rd of a cent).
This explorer was active drilling and hit some great gold results in a good area within Western Australia.
Surely at 0.3c I could double my money within a few weeks, or, not being too optimistic make 33% on my money?

Not so fast!
Below is chart beginning of where I bought 18 months ago, each step on the chart is $0.001, currently I baghold at $0.001. LOL
Here is a stock that can't even move half a cent!!! Unbelievable!
Active volume per day >50million, sometimes > 100million.

 

[murray t turtle]

Yes, it pays to be mindful that a time and price to sell for some is also a time and price to buy.
With gold I find the most effective strategy is trading around major round numbers.
Gold at 1698 atm, will it bounce here???
Right now with U.S. finished for the day, Gold on my data indicating signs of life while Silver looks like its drowning.
All the metals look deep red.
Oil, gas, utilities look reasonable, banks not too sad. Shorts are nicely green, I'm sure the bears will begin to announce how they were right. LOL

%%
SLV is below 50 dma; but uptrending green above 200 day,1 year green uptrend ,3 year uptrend=fair uptrend
I have no position in SLV.I cut a loss on UPRO/i like capital in addition to profits....................................................................................................................IT pays to scale in also.

 

[themickey]

Today's price action brought to you by.....

 

[TrailerParkTed]

lol..Abby Joseph Cohen. Now Cathie Woods..you cant make this stuff up, it just writes itself. History repeats in amazing ways. Abby, of course, was vice president at the now fully bankrupt Drexel Burnham Lambert.

Prudential errored in the extreme regarding the dot com bubble analysis, then merged with Wachovia...lol

Donaldson, Lufkin and Jenrette was owned by The Equitable, which fully collapsed at the top of the bubble in 2000, under embarrassing scandals including completely unhedged guaranteed fixed income returns where most of the insurance holders lost half their life savings and massive bonus payouts to executives and traders (this all happened in the great bull market prior to the dot com bubble bursting)

Seems the names all change to protect the guilty but the idiots remain..maybe just less of them. These were all supposed "Super Traders" at the time

No mention of Elaine Garzarelli? I think the stocks I bought today were Cathy’s followers getting margin or liquidation calls. RH Forums their crying “Uncle” realizing stocks go down. Today reminded me of March or April 2000 when certain Tech stocks crumbled thirty to fifty percent only to have traders walk them back before the Close.